According to EYs Asia-Pacific (APAC) Fraud survey, 78 per cent of Indian respondents said that bribery and corrupt practices occur widely. Besides, 57 per cent of respondents said that senior management would ignore unethical behaviour of employees to attain revenue targets. Moreover, one in every five respondents said that breaches related to ethical standards and regulations are not investigated by organisations. Further, 15 per cent of people surveyed said that organisations have not taken action against employees for breaching ethical standards or regulations. However, 44 per cent of respondents said that a report to the organisations whistle-blowing hotline would be followed up.

Source: India Today June 14, 2017 13:18 UTC